December wholesales are low, retails are high. January sales numbers show a growth of almost 14%. However, the beginning of January had low inventory in the network. The industry’s stock level has increased. Price hikes are limited, but commodity movements need to be monitored.
F&O Talk: Nifty’s bullish structure intact after best week in 5 years; Sudeep Shah on HDFC Bank strategy, picks 5 stocks this festive season
Nifty surged 8% to post its strongest weekly gain in five years, supported by improving technical indicators and bullish momentum. SBI Securities’ Sudeep Shah discusses